Military expenditure (current USD), annual growth rate in Guinea-Bissau
Guinea-Bissau: Military expenditure (current USD), annual growth rate was 3.07 % change on previous year in 2023. ◆ Volatile
Military expenditure (current USD), annual growth rate in Guinea-Bissau, 1983–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, military expenditure (current usd), annual growth rate in Guinea-Bissau stood at 3.07 % change on previous year.
The figure is up 169.5% on the previous year and up 127.0% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Guinea-Bissau peaked at 92.02 % change on previous year in 1983 and was at its lowest, -64.21 % change on previous year, in 1984.
That places Guinea-Bissau 115th out of 164 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Guinea-Bissau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1983 | 92.02 % change on previous year | — |
| 1984 | -64.21 % change on previous year | -169.8% |
| 1985 | -28.04 % change on previous year | -56.3% |
| 1986 | 31.73 % change on previous year | -213.2% |
| 1987 | -36.63 % change on previous year | -215.5% |
| 1995 | 9.68 % change on previous year | -126.4% |
| 1996 | -14.2 % change on previous year | -246.8% |
| 1997 | -4.21 % change on previous year | -70.3% |
| 1998 | 59.55 % change on previous year | -1513.8% |
| 2001 | -35.13 % change on previous year | -159.0% |
| 2002 | 2.91 % change on previous year | -108.3% |
| 2003 | 17.95 % change on previous year | +516.8% |
| 2010 | 24.63 % change on previous year | +37.2% |
| 2011 | 2.28 % change on previous year | -90.8% |
| 2012 | 39.8 % change on previous year | +1647.9% |
| 2013 | -11.35 % change on previous year | -128.5% |
| 2014 | -1.11 % change on previous year | -90.3% |
| 2015 | -20.65 % change on previous year | +1768.1% |
| 2016 | -7.67 % change on previous year | -62.9% |
| 2017 | 20.93 % change on previous year | -372.8% |
| 2018 | 11.44 % change on previous year | -45.3% |
| 2019 | 6.48 % change on previous year | -43.4% |
| 2020 | 7.07 % change on previous year | +9.1% |
| 2021 | 6.24 % change on previous year | -11.7% |
| 2022 | -4.42 % change on previous year | -170.9% |
| 2023 | 3.07 % change on previous year | -169.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.03 % change on previous year | -64.21 % change on previous year | 92.02 % change on previous year | 5 |
| 1990s | 12.7 % change on previous year | -14.2 % change on previous year | 59.55 % change on previous year | 4 |
| 2000s | -4.76 % change on previous year | -35.13 % change on previous year | 17.95 % change on previous year | 3 |
| 2010s | 6.48 % change on previous year | -20.65 % change on previous year | 39.8 % change on previous year | 10 |
| 2020s | 2.99 % change on previous year | -4.42 % change on previous year | 7.07 % change on previous year | 4 |
Countries ranked near Guinea-Bissau
- 112 Benin 3.4 % change on previous year compare
- 113 Spain 3.33 % change on previous year compare
- 114 Saudi Arabia 3.3 % change on previous year compare
- 116 Italy 2.79 % change on previous year compare
- 117 Oman 2.33 % change on previous year compare
- 118 Kuwait 0.4887 % change on previous year compare
More public sector data for Guinea-Bissau
- Arms imports 5.00 million SIPRI trend indicator values (1993)
- Arms imports (SIPRI trend indicator values), per capita 4.72 SIPRI trend indicator values per person (1993)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0081 SIPRI trend indicator values per US$ of GDP (1993)
- Arms imports (SIPRI trend indicator values), annual growth rate -70 % change on previous year (1991)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (1993)
- Military expenditure (current USD), per capita 11.75 current USD per person (2023)
- Military expenditure (current USD), per unit of GDP 0.0122 current USD per US$ of GDP (2023)
- Military expenditure (current USD), gaps filled 25.29 million current USD (2023)
- Arms imports (SIPRI trend indicator values), per square kilometre 177.81 SIPRI trend indicator values per square kilometre (1993)
- Military expenditure (current USD), per square kilometre 899.45 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Guinea-Bissau?
- Military expenditure (current usd), annual growth rate in Guinea-Bissau was 3.07 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Guinea-Bissau?
- The highest recorded value was 92.02 % change on previous year in 1983.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Guinea-Bissau?
- The lowest recorded value was -64.21 % change on previous year in 1984.
- How does Guinea-Bissau rank for military expenditure (current usd), annual growth rate?
- Guinea-Bissau ranks 115th out of 164 countries with data for 2023.
- Is military expenditure (current usd), annual growth rate rising or falling in Guinea-Bissau?
- Over the last ten years it is up 127.0%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.